Polypropylene Catalyst Market : Key Opportunities and Challenges

Polypropylene Catalyst Market is projected to grow from an estimated USD 1.2 billion in 2019 to USD 1.9 billion by 2027. The polypropylene catalyst is used for different functions across various end-use industries, such as chemical, automotive, packaging, optical, and medical. Polypropylene catalysts improve PP yield, process efficiency, and resin properties. These catalysts are suitable for all the processes used for the manufacture of PP. PP catalysts are used to reduce activation energy during the polymerization process. This accelerates the reaction rate and enables the reaction to proceed even under mild operating conditions. R&D activities for the development of enhanced polypropylene catalyst and increasing production of polypropylene are driving the market for the polypropylene catalyst.

Browse 83 market data Tables and 28 Figures spread through 96 Pages and in-depth TOC on “Polypropylene Catalyst Market

Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=127854064

How availability of alternative raw materials for PP production is a key opportunity?

Crude oil is the primary raw material source for PP The recent advancements in the shale gas sector have resulted in a shift from fuel-based petrochemicals to shale gas-based raw materials in the past few years. Coal-based raw materials are also being used by China on a large scale with almost all the raw materials derived from coal. Shale gas and coal are becoming cheaper than the fuels that are currently in use, which will increase the profitability of manufacturers using these materials for PP production. Therefore, the lowering costs of these raw materials will play a crucial role in the production of PP, which will, consequently, fuel the demand for PP Catalyst.

Why development of cost-effective and hazard-free catalysts with improved properties poses a major challenge?

Phthalate-based ZN catalysts are potentially harmful to the environment and, hence, regulated by REACH. In 2003, LyondellBasell first developed and commercialized 4, di-ether (PP with narrow molecular weight distribution and succinate (PP with broad MWD) fifth-generation, phthalate-free, ZN PP Catalyst that have improved properties than that of the previous phthalate generation. Phthalate-based systems can be considered as a family of multipurpose catalysts, whereas both di-ether and succinate-based systems are considered as specialty drop-in catalysts. However, the recent initiative undertaken by LyondellBasell to commercialize mixed di-ether/succinate catalysts has helped in launching a multi-purpose high-performance fifth-generation, phthalate-free catalyst line. Currently, most of the Ziegler-Natta PP. catalysts consumed are fourth-generation catalysts, and the consumption of fifth-generation catalysts using non-phthalate internal components are still limited. However, with the stringent regulations set by REACH and the increasing pressure from purchasers, ZN catalyst offerings from various suppliers are expected to include more phthalate-free catalysts in the short-medium term.

Although metallocene catalysts offer better properties, currently their demand is less owing to the lack of cost competitiveness. With the recent developments, metallocene catalyst prices are expected to be competitive with other catalyst systems in the long term, and this will increase the demand for metallocene catalyst and hence will drive the PP Catalyst market.

polypropylene-catalyst-market-127854064

Polypropylene Catalyst Market, By Region:

  • North America
  • Europe
  • Asia Pacific
  • South America
  • Middle East & Africa

Polypropylene catalyst market in the Asia Pacific is projected to grow fastest during the forecast period

The polypropylene catalyst market in the Asia Pacific is projected to grow fastest during the forecast period. China is the largest market for the polypropylene catalyst in the Asia Pacific. The ensuing increase in foreign investments and rise in the number of new manufacturing establishments are expected to witness the emergence of the Asia Pacific as a prime driver of growth of the polypropylene catalyst market.

Key companies profiled in this research report on the polypropylene catalyst market include LyondellBasell Industries (The Netherlands), Clariant (Switzerland), Mitsui Chemicals (Japan), W.R. Grace & Co., (US), and China Petrochemical (China).

Get 10% FREE Customization on this Study @ https://www.marketsandmarkets.com/requestCustomizationNew.asp?id=127854064

Share this post:

Related Posts

Comments are closed.